Written answers
Thursday, 12 October 2006
Department of Finance
Tax Yield
5:00 pm
Paul Kehoe (Wexford, Fine Gael)
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Question 95: To ask the Minister for Finance the amount of gift tax which was taken in during the years 1993 and 1994; the breakdown of the figures; the amount of stamp duty which was taken in by his Department in 1997; the penalties which were imposed for failure to pay gift tax in the years 1993 and 1994 or failure to pay stamp duty in 1997; and the breakdown of the figures. [32511/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the net receipt of gift tax in 1993 and 1994 was €2.5 million and €4.2 million, respectively. The yield from penalties is included in these figures and cannot be separately identified.
The net receipt of stamp duties in 1997 was €538.8 million, which includes penalties amounting to approximately €1.7 million.
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